UPDATE 2-Drop in bad loans cheers State Bank of India investors
NEW DELHI, May 23 (Reuters) - State Bank of India (SBI) , the nation's biggest lender, reported a drop in bad loans and quarterly net profit that beat forecasts, sending its shares to their highest level in three years. Net profit for SBI, which ...
State Bank of India Rises to 3-Year High as Bad-Loan Ratio Drops
SBI stock zooms 10% as bad loans dip, outlook brightens
SBI surprises Street with dip in bad loans